To increase efficiency and strengthen the Nordic organization, a new unit including purchasing, customer service and logistics will be formed. The new unit, Operations, will be headed by Jenny Ring who will also be a member of Dustin’s Group Management Team.
First quarter
Net sales for the quarter increased 7.5 per cent to SEK 2,284 million (2,124).
Organic growth in fixed exchange rates was 4.4 per cent (2.5).
The gross margin increased to 14.9 per cent (14.8).
Adjusted EBITA increased to SEK 116 million (105).
EBIT totalled SEK 98 million (87).
Items affecting comparability amounted to a negative SEK 2 million (neg: 2).
Profit for the quarter
Dustin Group will hold a conference call for investors, analysts and media on January 11 at CET 09:00 am with reference to the release of the Interim report for the first quarter.
Dustin Group AB (publ) (“Dustin” or the “Company”) today announced that the company's Annual General Meeting (AGM) held today voted to support all of the resolutions that the Board of Directors and Nomination Committee proposed to the AGM.
The shareholders of Dustin Group AB, reg. no. 556703-3062 (the “Company” or “Dustin”), are hereby invited to attend the annual general meeting, to be held on Tuesday 13 December 2016 at 1.00 p.m. (CET) at Playhouse Teater, Drottninggatan 71A, in Stockholm, Sweden.
In advance of the Dustin Group AB’s (publ) (“Dustin”) annual general meeting of shareholders to be held on Tuesday 13 December 2016, the Dustin nomination committee proposes the re-election of Fredrik Cappelen, Gunnel Duveblad, Johan Fant, Tomas Franzén, Mattias Miksche and Maija Strandberg as members of the board.
Fourth quarter
Net sales for the quarter rose 11.0 per cent to SEK 1,952 million (1,759).
Organic growth in fixed exchange rates was 10.2 per cent (5.6).
The gross margin increased to 15.3 per cent (14.2).
Adjusted EBITA increased to SEK 81 million (67).
EBIT totalled SEK 65 million (46).
Items affecting comparability amounted to SEK - million (neg: 5).
Profit for the period totalled SEK 25
Dustin Group will hold a conference call for investors, analysts and media on October 20 at CET 10:00 am with reference to the release of the year-end report.
Dustin has recruited Rebecca Tallmark as responsible for its product, analysis and marketing organisation. She will also serve as a member of the Group Management Team.
Dustin has won a new contract to deliver clients, smartphones and accessories to a Nordic region based group that has operations worldwide. The estimated value of the contract, which extends over a two-year period, is approximately SEK 100 million per year.
- A contract of this scope with an international player is validation of our attractive product range and our capacity to ensure prompt and
Third quarter
Net sales for the quarter rose 3.6 per cent to SEK 1,989 million (1,919).
Organic growth in fixed exchange rates was 3.6 per cent (neg: 1.1).
The gross margin increased to 15.4 per cent (14.2).
Adjusted EBITA increased to SEK 91 million (82).
EBIT totalled SEK 75 million (49).
Items affecting comparability amounted to a negative SEK 3 million (neg: 15).
Profit for the period to
Dustin Group will hold a conference call for investors, analysts and media on July 7 at CET 10:00 am with reference to the release of the Interim report for the third quarter.